The social brand value of the world’s biggest brands

Posted December 13th, 2011 in B2B Social Media, Enterprise 2.0/Social Business, Sociagility by Niall Cook

I’ve just finished working on a major report for Sociagility, which looks at 50 of the world’s most valuable brands and re-ranks them according to their ‘social brand value’. No prizes for guessing that Google comes out on top, but some quite revealing insight into the others, including:

  • Disney fares pretty well, ranking 2nd overall but being the most consistent performer across all the attributes we evaluated.
  • Way down the ranking at 13th, Johnson & Johnson actually cleans up when it comes to receptiveness – an indicator of the more ‘emotional’ side of health care and pharmaceuticals, perhaps?
  • The technology brands in the top 50 – including Apple, BlackBerry, Google and Microsoft – risk a perception of arrogance, having above average popularity scores combined with below average receptiveness scores.
  • Financial services brands (VISA, Goldman Sachs and J P Morgan Chase) are amongst the worst performing brands, but the big surprise is that telecoms brands (Deutsche Telekom, Movistar and China Mobile) are down there too.

A summary report can be downloaded from our website, or you can register to download the full version containing additional data and insight.

Three tenets of B2B social media marketing

Posted February 10th, 2011 in B2B Social Media by Niall Cook

As regular readers will know, I’m currently writing my second book. It’s been a significant challenge (they say the second child is easier, but I’m not so sure…), but it’s come on leaps and bounds in the last few weeks. So much so that I wanted to share what I consider to be the three main principles for marketers in business-to-business industries looking to harness social media.

Small communities matter – just because an online community is small doesn’t mean it’s unimportant. In fact, smaller communities are arguably more important than their larger counterparts, as influential voices are fewer and therefore carry a disproportionate weight. For example, a single recommendation for a shipping company when someone is looking to tender a £3m contract is much more valuable than ten, even 100, recommendations for the latest movie.

Virtual and physical relationships augment each other – relationships are what distinguish social media communities from other online communities and are, in my opinion, the single most important factor when it comes to using social media for business-to-business marketing. By connecting virtually with people who have attended a trade stand or event, and finding opportunities to meet with people who have connected virtually, brands can build online and offline relationships, engage advocates and detractors, and ultimately improve sales.

‘Social’ is not the same as ‘personal’ - if the social aspect of social media is about relationships – regardless of whether they are personal (friends) or professional (business contacts) – then the important thing for the marketer to understand is how people can switch between personal and work roles throughout the day. It’s a big factor in what GyroHSR’s chief executive Rick Segal calls the ‘at work’ state of mind. People can be physically at work yet at times mentally at leisure – and vice versa – but regardless of this, when they are using social media they are still social. It’s this understanding and appreciation of an audience that means that social media is used as much for business relationships as it is for personal ones.

I’m not saying that these tenets don’t also apply outside the B2B marketing space, just that they should matter more.

What do you think? Are there other things specific to B2B social media marketing?